Ridham Desai of Morgan Stanley expects the Sensex to rise 14 percent by the end of 2013. He says they prefer cyclicals over defensive sectors.

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Here are experts equity calls for the day on how the markets are expected to trade:

Ridham Desai, Morgan Stanley: We see an upward trajectory for equities on the back of the earnings cycle, valuations, real rates, global liquidity, and hesitant sentiment. The potential headwinds remain FII ownership, the political cycle and complacency about tail risks. We expect the Sensex to rise 14 percent by the end of 2013 and we prefer cyclicals over defensive sectors.